LIC Wealth Plus

LIC Wealth Plus (Table No.801) is an investment plan for limited time offer!

LIC Wealth Plus Summary:

LIC’s Wealth Plus (Table No.801) is a ULIP insurance plan that protects your investment from market fluctuations, so that your investments are protected in financially volatile times. Wealth Plus offers Guarantee of the highest NAV in the first 7 years of the policy, subject to a minimum of Rs.10.  Policy term is 8 years. LIC Wealth Plus

Wealth Plus Features:

1. Guaranteed Highest NAV of 7 year.

2. Very Attractive Returns.

3. Life cover.

Risk cover of 5 times of the annualized premium or 1.25 times of single premium.

4. Minimum Yearly premium Rs. 20,000 for three years term policy and there is no limit on maximum premium.

5. Tax benefits.

6. Partial withdrawals allowed:

Two Partial withdrawals are allowed in a policy year subject to certain conditions.

7. Limited Period Offer.

8. Extended life cover:

A unique feature of the Plan is the extended life cover for 2 years after the completion of policy term of 8 years.

9. Maturity Benefit:

At the end of policy term and the policy is in full force, payment of fund value will be made based on the highest NAV over the first 7 years of the policy or the NAV as applicable at the end of the policy terms whichever is higher.

Death benefit:

In case of death during the policy term, the nominee shall receive Sum Assured under the basic plan together with the Policyholder’s Fund Value as death benefit. In case of death of the Life assured after the policy term, but before the expiry of extended period, the nominee shall receive the Sum Assured under the Basic Plan.

Accident Benefit:

Accident Benefit Option equal to the amount of life cover subject to minimum of Rs. 50,000 and maximum of Rs. 50 lakh is available subject to certain limits and conditions. Accident Benefit charge at the rate of Rs. 0.50 per thousand Accident Benefit Sum Assured per policy year will be levied every month.

Modes of Premium Payment for LIC Wealth Plus :

The premium can be paid either in a Single premium (One time investment) or for 3 years regularly at yearly, half-yearly, quarterly or monthly (through ECS).

Minimum Premium:

Minimum Premium for 3 years Premium Paying policies is Rs.20,000 p.a. whereas for Single premium policies it is Rs.40,000 For Monthly (ECS) mode the minimum premium is Rs.2,000 p.m.

Eligibility for LIC’s Wealth Plus:

Minimum Age at entry is 10 years (age last birthday)

Maximum Age at entry is 65 years (age nearer birthday).

Premium Top ups:

Premium Top ups are not allowed.

Surrender Value:

LIC Wealth Plus can be surrendered only during the policy term. The surrender value, if any, is payable only after the completion of the third policy anniversary both under Single and 3 years Premium Paying Term contract. The surrender value will be the Policyholder’s Fund Value at the date of surrender. There will be no Surrender charge. The policy can not be surrendered during the extended life cover period.

Download LIC Wealth Plus details in pdf format. For Wealth Plus Comparison table –> Click Here

Example: If Mr. LIC buy Wealth Plus today at Rs.10 NAV ( You will get Approx. 4700 Units for one time investment of Rs.50000 *Calculated on Rs.10 NAV) and market goes upto Rs.50 per NAV in 5 years and then again market collapse and comes down to Rs.20 In this case the highest NAV is Rs.50 and hence your maturity amount will be 4700×50=Rs.2,35,000/- (No. of units x Highest NAV)

[box type=”note” ]Last Date: 9th May 2010 
(Plan Discontinued)[/box]

How to Apply for LIC Wealth Plus policy?

Contact your nearest Life Insurance Of India (LIC) Branch/ LIC Agent. Or

Fill the Application form to apply online.(For Mumbai only)

Note:

The above is the product summary giving the key features of the plan. This is for illustrative purpose only. This does not represent a contract and for details please refer to your policy document.

Comments

  1. hemantkumar umesh jungade says

    sir my wealth plus L I C policy 3 year premium amount 20000 start policy month/ year 3/2010 date of expiry of the policy 3/2018 want to surrender my policy can I know what amoount will return
    my e.mail hemant.jungade@gmail.com

  2. umesh ananda jungade says

    sir my wealth plus L I C policy three year premium amount 20000.00 per year start policy month/ year 3/2010 date of expiry of the policy 3/2018 want to surrender my policy can I know what amount will return
    my e.mail umeshjungade@gmail.com

  3. Seraj Islam says

    What is the return value on Rs.50,000 single premium made on May8,2010 as of today (May 28,2014)? Thanks.

  4. rajender thakur says

    i had paid 3 premium of Rs 25000 in three years (Rs 75000) in wealth plus my policy no 153607648 table no 801 that is the amount get if i surrender od my policy iwanted know the details os current value pls send the details in my id

  5. prashant ku.nath says

    sir, i hv complete my wealthpolicy term of lic,and diposited 60000, term 3 year, want to surrender my police. can i know what amount will return.

  6. Tapas Kumar Sil says

    my total investmet at the date of 01/03/2010-rs 40000, at lic wealth plus.my policy no is 427948012 . what benifit get i return till today.please reply me

  7. Ajay Kumar says

    LIC Wealth Plus
    How many numbers of units will be alloted to me ,if i have invested amount Rs 75,000.

  8. Ajay Kumar says

    I TOOK THE WEALTH PLUS POLICY ON 31/03/2010.POLICY NO. 538680051. MY DOB IS 15/05/1969.NOW IF I BROKE THE POLICY ,THEN HOW MANY AMOUNT LIC WILL GIVE ME.

  9. patil rahul says

    i had paid 3 premium of rs 20000 pa in wealth plus from 15 march 2010 now on 13 may 2-13 i want to surrender all my amount so please tell me how much amount i will get

  10. rahul says

    i have my wealth insurance policy and i have invested 40000 rupees in wealthplus insurance
    how much i get after three years since march 2010

  11. Muhil says

    sir,
    My relative S.Kumar is a policy holder of LIC wealth plus. his policy no is 746219126 in 801 plan and 08 term. his commencement was on 20.04.2010 with instalment of Rs.20,000/- by mode of yearly payment. He paid for three years. he would like to know the amount balance till 2013 april and also he wants to know the details of this scheme in detail.
    regards,
    Muhil.M

  12. VARANASI RAGHAVENDRA says

    I have Wealth plus policy started on 06.05.2010 & paid 03 premiums till date of 20,000 each.
    Could I surrender this policy. What could be the surrender value.

  13. kavita ajay ingle says

    my wealth plus policy no.976922833 on date of comnsenent 22/04/2010 Plan 801 08 one time premium …… I have to withdraw the above policy so how many benifit give me.

  14. bedajeet says

    i have invested Rs.40,000/- in the wealth plus LIC plan through the LIC agent. from where i could get the details of the plan??

  15. Mahendrakumar Phaltane says

    My colleague Mr.Gawali has purchased wealth plus policy from ur sheogaon(A’Nagar-Maharashtra)br.on 29th March,2010.Its policy No. is 958427342.the mode of payment is 1/2 yrly.Premium Rs.10000/- Plan& Term was : 801/08.Sum Assured Rs.1,00,000/-.Premium Details
    1st on 29-03-2010,2nd 09-11-2010,3rd & 4th on 22-02-2012,5th on 17-03-2012 & 6th on 04-10-2012.Each deposit was of Rs.10000/- except the amt.deposited on 22-02-2012.It was Rs.20000/- Thease r the details.Now he wants to withdraw his amount from this plan.U r requested to pl mail me the amount which will have to receive. Thank u with regards.
    Mahensra S Phaltane.

  16. Kasinathan K says

    My wife had invested Rs.20,000/- per annum for three years in Wealth + scheme. How much amount will get after the maturity period. 24/3/2012 was policy closing date.

  17. Rahul Saxena says

    I invested Rs. 50000 in LIC Wealth plus in May 2010. Today units shown are 4386.105. Units are continuously reducing on monthly basis against mortality charges. So far highest NAV is Rs. 11.05. Is it Wealth Minus or what?

  18. RAJESH DAS says

    My Wealth Plus policy no. 579138890. I have completed 3 years and paid 60,000 (20000 P.A).

    If I withdraw (Surrender) how much money I get.

  19. Shriram Gore says

    I had invested Rs 1,00,000/- per annum fr 3 years in the LICs Wealth PLus PLan on 30/04/2010. As per my statement dated 31/10/2012 the bal units in my account is 27317 units and the NAV today is 10.49. Does that mean as of today the value of my policy is around Rs286555/- that is much lesser than my invested amount. LIC can you please explain on what basis was this scheme advertised to fetch 12% ROR. What is the amount i will get if i surrender the policy today.

  20. Dinesh Kumar says

    My Wealth Plus policy no. 746301802. I have completed 3 years and paid 60,000 (20000 P.A).

    If I withdraw (Surrender) how much money I get.

  21. Sourav Mandal says

    My policy no# 578480693

    Please confirm why no of units reduce daily basis & confirm no of units purchase in my policy ?

    Regards…Sourav

  22. sushanti behera says

    sir, please quote my policy no. 572123419 of wealth plus updated and how i withdraw my invested amount as soon as possible

  23. JOYDEEP CHATTERJEE says

    CAN I SURRENDER WEALTH PLUS POLICY AFTER 3 YRS? WHAT WILL BE MY OPTIONS? I AM PAYING PREMIUM OF RS.2000/- MONTHLY.

  24. Shailesh Sharma says

    Dear Sirs,

    I bought Wealth Plus in March 2010 & in the terms & conditions I read the minimum premium paying term is three years. I paid premium bi-annually i.e. in March & September every year.
    My question is that have I completed three years premium period i.e. starting from March 2010, 2011 & ending in March 2012?

    Thanking you.

    Yours truly,
    SHAILESH SHARMA
    KATNI, MADHYA PRADESH, INDIA

  25. Nitin says

    I have Wealth plus policy started on 06.05.2010 & paid 03 premiums till date of 20,000 each.
    Could I surrender this policy. What could be the surrender value.

  26. Arun s. Gawade says

    i have purchased lic wealth plus and paid three primiums 20000 per year. I want to know that, how i have been alloted 5414.894 units?
    According to my knowledge it should be 6000 units.
    help me.

  27. Nagendra prasad says

    sir i have purchase lic wealth plus plan and my policy no.is 332969055. i want know my gross balance after maturity.

  28. ashis guha says

    my wealth plus policy no 578403228.paid 20,000/ for 03 years.how many unite alloted to me.and nav.

  29. ashis guha says

    policy wealth plus.premium 20,000.for three years.proposal dt.15/03/2010. how many units alloted to me?

  30. sunil ranpara says

    hello sir,
    i have purchased lic wealth plus and paid three primiums 20000 per year.i dont know how many nav qty i have also i dont know what was past record of this nav.pls kindly help me

  31. Ganapathy says

    i have paid for 3yrs and have 8246.589 units as of today. and i stop investing anymore on it. how much units will i have at the end of 7 years.

  32. sanil says

    i have purchased a wealth plus on 22/3/2010 with yearly premium of Rs.20000/- . due date for final payment is 22/3/2012. i forgot to pay on that day . can i pay the premium now with out effecting the features in the policy

    • satish chouhan says

      i have purchased a wealth plus on 22/3/2010 with half yearly premium of Rs.10000/- . due date for final payment is 22/3/2013 .total primium submit in 3year 60000 thousant pls show my surrender value. and agent says surrender value is 54000 thousant . 6000 thousant loss.

  33. santanu dash says

    wiil i able to surrender lic wealth plus after 3years 1 month,what amount i get,i invested 25000 per year

  34. Asghar says

    I took wealth plus as Agent showed me big benefit picture..

    i am paying Rs 40,000/- per year , i have paid 3 premiums so far but my account is showing 104900/- there is a loss of Rs 15100/- which is big amount for me as i am salaried man.

    I CALL THIS AS WEALTH MINUS POLICY not wealth plus.

    the NAV * points is key here

    why is NAV not going beyond 10.xxxx

    i had ICICI prulife policy that gave almost 50% benifit after 5 years.
    i surrendered ICICI and took LIC i will never take LIC again.

  35. SUDIP MUKHERJEE says

    I have Invested in Wealth Plus(801) @25000/- P.A
    1st Year & 2nd Year I have Paid timely but 3rd year I could not pay the premium.
    pls. let me know How much I will lose my investment or will my Policy be lasped ?
    How much I will receive out of my two years investment.

  36. Naveen Uppal says

    I bought weath Plus policy at 03/03/2010 and now i was paid all my three year dues. So as per today market point of view how much i will get at the end of this policy after 7 years.

  37. Promad Kumar Nekwal says

    well if i invest rs. 20000/- p.a. for three years.
    Policy Registration year is 2010.
    what benefits i will get in return after maturity or after term of 3 years get completed. and also notify me exact or approx what amount i shuld get in future.my policy no.186357531
    moblie no.9929721521

  38. Promad Kumar Nekwal says

    well if i invest rs. 20000/- p.a. for three years.
    Policy Registration year is 27 /02/ 2010.
    what benefits i will get in return after maturity or after term of 3 years get completed. and also notify me exact or approx what amount i shuld get in future.

  39. Sanjay says

    Dear Sir,
    I purchase a LIC Wealth Plus of Rs. 50000 on 31.3.10. What is the current nav value and how to know my police NAV.Thorugh internet?

  40. sanjay kumar sharma says

    I am investing 40000/- P.A. in wealth plus. I have invested total 80000/- and again i have to pay fanilly 40000/-. But as on date i am not aware how many units i have been allotted and what is NAV on date.

  41. sanjay kumar sharma says

    from net it seems that LIC is not presenting correct and current data in respect of NAV of LIC policies such as endowment plus and wealth plus. It is requested that LIC to furnish the details as and when required on net. Thanks

  42. EESHA SOOD (Minor) Proposer: BINITA SOOD (Mother) says

    I paid Rs, 100,00.00 ( One Lakh ) as single premium towards Wealth Plus Policy before closing date of scheme. I have lost everything and unable to forward any detail. Can I get any assistance to get my Policy?

  43. DILIP GHOLE says

    I invested in Wealth Plus Single Premium plan , amount of Rs.50000.
    1. I request to sent wealth plus highest best NAV between 22/03/2010 to 31/01/2012 by my e-mail address.
    2. If I surrender after 3 years, please give me a approximate average amount return.
    My policy no. 883451786
    E – MAIL :- dilipghole@gmail.com

  44. prashant says

    well if i invest rs. 20000/- p.a. for three years.
    Policy Registration year is 2010.
    what benefits i will get in return after maturity or after term of 7 years get completed. and also notify me exact or approx what amount i shuld get in future.

  45. Nisha says

    well if i invest rs. 50000/- p.a. for three years.
    Policy Registration year is 2010.
    what benefits i will get in return after maturity or after term of 7 years get completed. and also notify me exact or approx what amount i shuld get in future.

  46. priya says

    hello sir, i already invested rs.40000 in a single premium in wealth plus what should be the returns after 7yrs? what is the sharer value of wealth plus now?

  47. suresh m prabhu says

    I could get some of my doubts cleared if you reply to the questions

    asked by above policy holders. My policy No is – Wealth profit plus

    638279526. I have invested 40000/- on 29/04/2010 and the net

    units in my account are 2624.484 as on30/06/2011. Please give the

    the details of amount deducted from my investment and why?

    Suresh Prabhu.
    25/07/2011

  48. akshay says

    i took a policy wealth plus details as below

    plan 801 wealth plus
    i pay a premium of 10000/- half yearly
    i have paid 3 premiums till now
    assuming i keep my policy in force for the full duration
    and assuming market doesnt go up above whatever it went in the last 1 and 1/2 years (whats the highest nav attained ?? till date from 25/03/2010)

    what would be the return value
    i recieved a letter some days ago from lic it states closing balance as 2391.467 and some nav rate as 10.2238 so am i at loss as on date by approx 7000 rs ??

    please answer

    thanks and regards
    aks

  49. N.Thiygarajan says

    Sir,
    I proposed to purchase A wealth plus policy of Rs 40000/- for a singie premium.But I received the policy for3 year terms anual premium of Rs 40000per year. I think that the abovehad been done by the L I C agent. I did not notice the above change during the receipt of the policy. I came to know the above only when I received the reminder after the lapse one year. I am a pensioner.
    Today I am not able to pay the premium due to other commitments.
    Under the above circumstances, I would like to know How much money will get after 3 years?
    Please response
    Thanking You Sir
    thiyagarajn.N

  50. BHARAT says

    Last year(march/10) my friend purchage a wealth + policy( 1 lac sum assured) .he paid two Hly prem. March/2011 prem is unpaid . unfortunatly he is no more due to a road accident(dt.06/06/2011). Pl. tell us what is the death amount payable to his nommine.

  51. T.Haokip says

    I had joined LIC wealth plus Table no.801 from 8/05/2010 in a quater premium of Rs 7500, after paying for the 1st quater I had also send to my agent 7500 quaterly in a regular basis but he had not paid the money for the policy but by this 5th quater only paid Rs 30000 for 4 quaters after I complain. In this regard, how much it will effect polocy at the end ?

  52. santosh kumar santosh says

    How many units to be alloted for 50000 single premium? I want to know which LIC policy is best at this time in single premium.

  53. Dr.Somnath says

    I have drawn wealth plus policy for 3 yrs.I paid Rs.60000 /-first premium during last year,But now i want to invest in other plans and discontinue wealth plus. so how much loss i have to bare in this change.

    plz.provide information.

  54. BISHU DAS says

    I have a wealth plus policy annual prem is 20000/-for three prem
    i want to know how much amount i recd on maturity and i want also the nuber of units against the policy number 485368512 FROM 16.04.10

  55. Guru says

    Hi,

    I invested 1 lac last year, with next 2 installments 2011 & 2012 are remaining. The units allocated to me is only 8497.818

    In the above example, you have mentioned that for Rs.50000 you will get 4700 units. Why my units allocation is so low?

    The current NAV of the fund is just 10.12, which is very low. Can I change my policy from 3 installment to one time investment. Is there a provision for that. If yes, how to do that.

    Thanks,
    Guru

  56. Gautam purkayastha says

    present status of single term deposit of Rs 60,000 under policy no.443978930 date 15.3.2010?

  57. sajeev says

    I have joined wealth plus plan last year and two premiums paid quarterly ie 50,000×2=1 lakh.I and after that two premiums are still pending and I cannot continue this.Please suggest me if I can close this and get my money back or any other solutions.

  58. Suvarna says

    Please suggest me the best plan in the market which will give me highest returns after 10 years if i pay the premium of Rs. 25000 per year… :)

  59. manoj says

    my policy no. is 177322526. my name is manoj kumar. risk date is 8/5/2010. fund type:- wealth+.kindly send the status of my policy.

  60. Prabir Kumar Sengupta says

    Please let me know how do i find the daily NAV of LIC’s Wealth Plus Plan. I have a policy which commenced on 31.03.2010 the then NAV was Rs10, am i right?

  61. Prabir Kumar Sengupta says

    Please tell me how do i find the daily NAV of LIC’s Wealth Plus Plan. What is the NAV as on date. I have a policy which commenced on 31.03.2010, the then NAV was Rs 10, am i right ?

  62. Saneesh G S says

    Dear Sir,
    I have a wealth plus policy with an annual premium of Rs.20,000. The fund type selected in the policy is of Bond type my query is, is there is any possibility to change the fund type to Equity mode.

  63. utpal bhattacharjee says

    sir,i had invested Rs.50,000.00 in Lic Wealth Plus in 22-03-2010.
    sir,i want to surrender after 3 year sir what the value i got after 3year& after 8years.

  64. utpal bhattacharjee says

    sir,i had invested Rs.50,000.00 in Lic Wealth Plus in 22-03-2010.
    sir,i want to surrender after 3 year sir the value i got after 3year&
    after 8years.

  65. jitendra kumar chaudhary says

    i have a wealth plus policy prem pay 3 time 20000/-
    i want to know how much amount i recd on maturity and i want also the nuber of units against the policy number 547092563.

  66. shweta naik says

    i have a wealth plus policy annual prem is 40000/- one single prem
    i want to know how much amount i recd on maturity and i want also the nuber of units against the policy number 894358201

  67. Ramesh says

    Hi Tabrej,

    I have invested in wealth plus and when I check my policy details at licindia.in, it shows fund type as BOND.

    Does it mean that it will not invest this money in equities?
    Will it invest only in corporate bonds, govt securities and other fixed income instruments?
    In this case returns will be very less and NAV also will not go down much right?

    Thanking you in advance
    Regards,
    Ramesh

  68. mohana says

    how i know my account in your insurance policy?in what way i see my account in interner.how i know my account information about interner?

  69. Sonam Lzawa says

    I have invested in LIC wealth Plus single payment an amount of Rs 1,20,000 /= as of 19/02/2010 can i get a current amount status of my policy? Lzawa

  70. Arvind Khanna says

    Sir,
    i invest one time option Rs.50000/- in wealth plus.
    i want to know that
    1. what was its starting NAV?
    2. what is its present Nav & value of my investment?

  71. rams says

    Hi Tabrej,
    I have invested in LIC Wealth Plus recently.

    I would like to know the difference between single premium and 3 years premium other than the allocation charges. During the plan starting, each unit value is 10 rupees for both single premium and 3 years premium.

    Will they allot the same 10 rupee per unit during the 2nd and 3rd year premium? or will they allot units depending on the NAV that year?

    What else are the differences in choosing single and 3 years premium?

    • says

      There is no major difference. When you pay 2nd and 3rd years premium you may not get units @ 10. It will depend on current NAV on that day when you pay premium.

  72. Kondreddi Balaji says

    shall i know the present nav of wealthplus? please send the present nav through mail. kindly requesting to you where shall i get latest nav’s?

  73. manoj kumar says

    sir,
    i have invested 40000.00 single and 25000 yearly (3) in lic wealth plus feb 2010 .how many units alloted to me.what is NAV

  74. GAURI SHANKAR SINGH says

    Is there any facility in LIC to update knowledge of the rate of NAV and unit allotted to policy holder in wealth plus. we mean to say any e-mail, sms option to keep with above update? What is today’s NAV I have invest Rs.40000/- with single premium.

  75. Ajit Barla says

    I take LIC wealth plus policy 2month earlier after that i received only premium receipt.But i want to know when i will get my final document of wealth plus policy. Kindly help me because from LIC in earlier plans i had received document paper on time but this time i have little bit disspoint.so Kindly check up my document and make arrangement for send it on my office address.
    Thanking you
    Ajit Barla
    Assistant Manager
    General Insurance Corporation of India,Mumbai

  76. ALOK KUMAR SRIVASTAVA says

    sir,
    i have invested 40000.00 yearly mode in lic wealth plus on 30/03/2010.i have been alotted 3357.739 units.A s i understand that i enterd in the begningof the schem.please check how much aministrativ charges have been charhed and at what NAV the units ewere purchased as per my agent in the start up of the fund it shoulbe at rs.10 only.

  77. Johaan Andrews says

    Hello,
    I have invested 5 lacs in wealth plus-1 for 3 years.Since I understand this plan is purely based on market performance what is the guarnteed expectation after 3 years.Please explain!
    What happens if the NAV is low?In bad case if the market falls is this 5 lacs guarenteed?Can I switch the profit to equity in between these 3 years?how can I watch the performance of my plan?Pls reply

  78. Kavinder Gupta says

    I have invested Rs.40000.00 on 19.04.2010. Kindly let me know how much approximately I will get after 3 years

  79. v mahender says

    Is there any facility in LIC to update knowledge of the rate of NAV and unit allotted to policy holder in wealth plus. we mean to say any e-mail, sms option to keep with above update? What is today’s NAV I have invest Rs.50000/- with single premium.

  80. Om Prakash Yadav says

    Sir, We have invest Rs. 25000/- yearly for 3 years under wealth plus. please letn us know how mwny unit we get & whats charges deducted from my investment. because we have got 2160 unit & what about difference Rs.3400 /-

  81. Ashok Kumar says

    I have invested in Wealth Plus plan , amount of Rs.40000 on an annual basis . Are the policy certificates started issuing to the investors ?
    I have not received the policy document so far. Kindly reply

  82. HIREN.G.GOHIL says

    how to know about decrease and increase in NAV online and what is the steps steps to know about NAV in wealth plan.

  83. harikumar says

    Hi,
    where can i get the NAV rate on the day basis.

    every day i need to see the NAV rate.

    Thanks in advance,
    Hari

  84. Ashok Kumar Rawat says

    hi,
    I have LIC wealth Plus policy,i just want to know that what is the nav &how to get the updates on nav,i.e. curent position of nav

  85. Khan Abdul Haque says

    i would like to buy a one time premium policy for three years can you suggest me which policy is good for me i am 52years old with sound health

  86. dhananjayan says

    dear sir,

    Is there any facility in LIC to update knowledge of the rate of NAV and unit allotted to policy holder in wealth plus. we mean to say any website of lic, there we can check, any e-mail, sms option to keep with above update? What is today’s NAV I have invest Rs.300000/- with single premium.

    dhananjayan

  87. ketun patel says

    Hallo Sir
    iam ketun patel

    me mere 0 sall ke bachhe k liye plan 41 & term 30 ki policy lena chahata hu wo sahi ya galat muje mere email ac bataiye pls …

    Regards & Thanks
    KETUN PATEL

  88. RANGASWAMY says

    I WANT TO TAKE LIC POLICY. IT SHOULD BE FOR ONLY 3 YEARS. IT SHOULD HAVE INCOME TAX BENEFIT. PREMIUM SHOULD NOT EXCEED RS.10000. IT SHOULD BE ANNUAL PREMIUM. IS MARKET PLUS IS SUITABLE FOR ME.

  89. rahul says

    hi,
    i am just entered in the lic world through wealth policy,i just want to know that what is the nav &how to get the updates on nav,i.e. curent position of nav

  90. Vijay Joshi says

    Is there any facility in LIC to update knowledge of the rate of NAV and unit allotted to policy holder in wealth plus. we mean to say any e-mail, sms option to keep with above update? What is today’s NAV I have invest Rs.50000/- with single premium.

    Vijay

  91. sathyan says

    hi,
    i have invested RS.2,45,000/- in wealth plus on march 31st 2010. my question is lic keeping my money for 2 months, that is april & may 2010. now i understand that lic is yet to enter into the market with wealth plus.so what will be my benefit for the above 2 months. i closed my term deposit and invested in wealth plus. that means i am loosing 2 months interest. will lic give additional units for tthe above period?

  92. sureshkumar says

    Can you give me the nav of march (22).
    I have invested 22000 quaterly can you tell me how much approx unit i get of my investment?
    How you calculate the units?

  93. Ajit Barla says

    I have registered for weath plus policy on 6th May 2010 and made first premium of Rs.20,000/- on 7th May 2010.So i will pay 2 more minimum payment of Rs.20000/- each. So when i will get my Original policy document and how much allocation charges for my 8 years wealth plus policy?Lastly How much NAV i will get on maturity period.

  94. Avinash says

    Sir, I have invested 40,000/- in wealth plus single premium, can i quit it after 3 years ? i dont want to continue it for 5 or 6 years, what will be the best option? pls suggest.

  95. ramanand says

    I have taken lic wealth plus policy today.My first premium is Rs.80000.00.Please tell me what would be my approximate return after completion of policy term.but how many units of wealth plus

  96. SHAMIM AHMAD says

    i investing in Wealth Plus recently which is yearly 85,000/- can suggested anybody that i am paying yearly 85,000 which i can pay at a time but my Agent suggested me that pay installment which you getting more benefit, is it truth?
    Please E.Mail me.

  97. julli says

    1: is accident benefit is optional ?
    its a choice of policy holder to opt or not?
    2: what is the expected amount if i go for it, on policy of
    20,000 p.m

  98. t desikan says

    there is no indication about

    – whether medical check up is require
    if so,
    what is the age group

    neither LIC or direct marketing agent or other
    agents able to confirm this ?

  99. umesh says

    My Qare
    1. I would like to invest 1lakh for 3 years, what will be the returns of total amount roughly and details of the payments

    2. At what extent of amount can be withdrawn after 3 years if necessary

    3. What is accidental benefit to the nominee.

    4. Can we surrender after 3 years, if yes what will be the returns

  100. Anish Deb says

    What is the percentage of commission get an agent of LIC WEALTH PLUS policy of 3 Years premium @ Rs. 50000/-.

  101. goli says

    what is the charge for the single one time paymnet premium amount Rs.80,0000,what is the accidental benifit fo this amount.

  102. Saurabh says

    Hi Tabrej
    Its been mentioned that the sum assured depends on policy holders age and premium he choose to pay (5-10 times basic premium).
    I wanted to know what would be my sum assured i
    1)I choose one time investment of 60000
    2) Annual plan wid 20000 per year

    I am 22 years old

    regards

  103. Amal Takker says

    I wanted to invest Rs 50000 p.a for three years in the Wealth Plus policy. Please inform me what will be net investment made out of total Rs.1,50,000 after deducting all the Charges.

  104. suresh says

    if i invest 50000 as a single premium for the wealth plus policy what is the minimum approximate amount i can expect at maturity.otherwise 50000 as a annual premium for three years then what is the final amount.after 3 years how much i can withdraw.

  105. sandhya rathod says

    Where we can see the current value of Lic welth plus plan NAV will you refer any site like rediffmoney.com?

  106. shajahan says

    hi
    i a,m interst to go to wealth plus policy but one doubt. suppose i invest half yearly basis for ex i take policy per annuam 20000 so i invest 10000 half yearly my quesion was how my nav calculated.

  107. jaladi samba siva rao says

    I have taken single premium wealth policy for Rs 50000. After 3 years i can surrender the policy. If surrender how much amount i will get.

  108. VIJAY PATIL says

    Wealth plus details suppose i deposited rs 25000/ per year for 3 year what amt i will get after 8 year. what amt .of sum assured ? & at how much period of risk cover will be continued.

  109. Vikas vikram says

    How the risk amount will be calculated for the difrent age group,or it will be same ie.1.25 times for all.

  110. tapan kr pal says

    in the current yr i w’d get income tax benefit but after maturity can i get income tax benefit or i have to pay income tax if the amount goes 40,000/- to 2,00,000/-

  111. Ramesh Naidu says

    I am investing Yearly premium Rs. 20,000 for 3years. Now I am investing 20,000 this year. Is it possible to increase the Yearly premium in the 2nd year and 3rd year.

    Ex.
    1st year 20,000
    2nd year 40,000
    3rd year 50,000

    Please reply ASAP.

  112. sirajuddin says

    wealth plus of lic is good investment but i want to know extact minimum amount we will get after maturity . plz give minimum amount please .

  113. MANOJ AGARWAL says

    DEAR SIR,
    IF I DO INVEST RS.40000/- ANNUALY FOR 3 YRS,HOW MUCH WOULD I GET AFTER 8 YEARS & WHAT ARE THE ALLOCATION , PROCESSING OR HIDDEN CHGS IN THIS WEALTH PLUS PLAN?

    KINDLY CLEAR THE THINGS,

    BEST REGARDS
    MANOJ AGARWAL

  114. BALAJI says

    i am investing Rs.20,000 p.a. 1st year i will get 1900 units @Rs.10
    2nd year i am paying Rs.20,000 on that date NAV is Rs.20, so i will get 1000 more units and 3rd year i am paying Rs.20,000 on that date NAV is Rs.25, so i will get 800 more units. Totally i am getting 3700 units. On the 7th year NAV is Rs.25, so my fund value will be Rs.92,500.
    Kindly confirm my understanding.

  115. tapan kr pal says

    if i invest 40,000/- in wealth plus as single premium approx. what assured amount i w’ll get at the maturity of the policy? I am not asking the highest NAV. if i invest the amount in NSC/KVP it ensures that the invested amount will doubled after certain period.so, have there any minimum assured value? or i would get 40000/- after 7/8 yr and you explain that the market had not gone up, i.e now NAV is Rs. 10/- after 7 yr or during the whole period , say, highest nav is Rs. 11/- then i will get 44000/- as per your plan, is it correct?

  116. Roy Varghese says

    Sir,
    The starting NAV is Rs 10. I doubt whether it will come down and will I loose some money from the capital that I have invested.Is there a minimum gurantee for the capital amount in the wealth plus policy

  117. vipin agarwal says

    Sir,
    1. What is the benifit to me if I will paid in wealth plus monthly Rs. 2000/- upto 7 years regularly.
    2. what is the my death benifit.
    3. Can I adopt risk cover scheeme in wealth plus plan.

  118. shyam mulchandani says

    what would be the tax benifit under 80-c if i opt for single premium of one lakh in the scheme wealth plus policy

  119. N.DIWAKAR says

    Sir, if i am investing as single premium of Rs.40,000/- in Wealth Plus plan, can i avail Income Tax Benefit and what amount can i show for IT?

  120. CHANDRAN says

    how much i will get minimum for i pay 20000 per year

    wat is the risk factor benifit

    any other policy is better than this which i can only invest 20000 per year can u please suggest me

  121. Vijayachandran.R says

    Hi,
    Can u pl clarify if my understandng is correct?

    If i am optinig for a 1 lakhs/year( 3 year )- mode Yrly, then
    1.My total charges till 3yeas will be 18320/- right ?
    2. Is the above inclusive of mortality charges ?
    3. What will be my mortality charges per year( in rupees ). I am 36 years old male, with clean medical background ( by Gods grace)- if i am optiningfor a 5 times coverage ?
    4. What are the charges in rupees after 3 years, means on 4th year, 5th year,6th and 7th Year ?
    5. The Gurantee charges of 0.35% on what ? is it on yearly premium, in my case 0.35% of 1Lakhs ?
    6. Is the gurantee charges only for the initial 3 years or will it be forf ull 7 years ?
    7. Any other hidden charges?

  122. dhruv singh says

    hi ,
    i am investing in LIC profit plus policy for the past two years 5000 per month can you please tell me what are the charges for this policy i mean how much of my money is actually being inveted in the ULIPs .

  123. Sanjay chawan says

    please give me a approximate average return after matuarity of LIC Wealth Plus Single Premium Rs 40000/-

  124. Sanjay chawan says

    please give me a approximate average return after matuarity of LIC Wealth Plus Single Premium Rs 50000/-

  125. bhavesh says

    1) if starting NAV of fund is Rs 10 and 2nd year it goes upto 20 and for 3rd it still goes upto 30, then how my units are bought (at which rate??) Say i am opting for Rs 20000 for 3 years?
    2) whatr is 0.35 % gauranteed charges?
    3) In a regular premium paying mode do we have 2 options 1st is S.A= mini 5time of 1st year premium, 2nd is S.A= Max up to 10 times of 1st year premium??? what is the difference between the two??? what would be my SA if Say i am opting for Rs 20000 for 3 years? will it be 1 lac or 2 lacs
    4) will SA or unit allocation depends on age??? my age is 31 and Say i am opting for Rs 20000 for 3 years? apprx how the units are allocated?
    5) if starting nav is Rs 10 and say market has gone down from now on and it would be NAV 2 at the 7th year so highest nav would be 10 and Say i am opting for Rs 20000 for 3 years? what would i get at the maturity???? would it be Rs 60000 or Less???

  126. Narsimulu says

    Hi Sir,

    i would like to take wealth plan in this month. my salary is 16500
    i would like to invest money evry month Rs2000 is i am investing is Ok or not? and if i pay lumsum amount like Rs50000 at a time, is there any difference in between investing money like monthly or lumsum. could you please suggest me.

    King Regards,

    Narsimulu.K

  127. siddhartha says

    Hi,
    I want to buy this policy but not as risk cover but as investment.Can I consider this as investment plan rather insurance plan?can expect good return buying at this point as market already around 18000..(age 26,will buy 20,000rs 3yr for 7 yr term..)
    Please advise truely.

    Thanks..

  128. Rupa Sil says

    if I make an Investment of Rs. 20000/- per year for 3 years what is the return I’m going to get back at the 8th Year under LIC Wealth Plus Scheme.

  129. Arnab Das says

    HOW MANY UNITES I WILL GET FOR 40,000 ?
    AND WHAT IS MATURITY AGE…?
    and from which internet link i will know the current nav value..?

  130. Navneeth Nagaraj says

    Hi,

    1. I have heard quite a lot on this Wealth Plus Policy and also heard that this is limited only for this year.Would there be any chances of this occuring in the next year as well ?
    2. Secondly,my question is with respect to Income Tax Benefit. I have heard that the investor would be benefited from the IT tax if and only if there is a Life coverage taken is of 5 times the premium amount paid. Is that correct ? or can He/She get the IT benefit if the Life coverage chosen is only for 1.25 times the premium ?
    For ex: if for a Single Premium of Rs. 40,000/-
    Should the Life coverage be taken as (40,000 X 5) = 2 lacs ?
    or can he take the life coverage of (40,000 X 1.25) = 50,000 ?
    3. Also, how would the returns for his/her ivestment vary according to the life coverage taken. ?

    Thank you.

  131. Ravi B says

    Dear Sir/Madam,
    I need some clarification re charges.
    If I invest lump sum of 1 lakh rupees versus 33,000 over 3 years- how much money is deducted as allocation and management charges by the LIC. Do these charges papyable for the term of the policy (8 years?). Is the gain taxable?
    Thanks
    Ravi

  132. vinay says

    the average return in mutual funds(equities),is 15%,but in all ULIP’s it is 5-7%as told by experts on tv.even then how ulip is better.please tell

  133. Kishore Pawar says

    How exactly NAV is calculated?
    Is there any authority/LIC controls it?
    If yes, they will try to keep it minimum, is it true?

  134. Binod shaw says

    I want to invest Rs.50,000 under LIC WEALTH PLUS POLICY.My age is 29 years and my father is 52 years.If i invest for my father that will be more beneficial than investing for me? Please advise me as soon as possible.

  135. Sudhir Nautiyal says

    i have paid rs50000/ single premium for wealth plus.iam 44years old. sa (risk ammount)had shown as 62000/ is it correct? what amount income tax benifit

  136. S.chakraborty says

    How is the risk factor,depending upon the age,nature of premium and level of premium calculated if I invest 24000/annually ?

  137. ABHISHEK JAIN says

    hi

    i have paid rs 40000/ single premium for wealth plus.iam 31years old. & i need Risk cover of 5 times

    it is possible?

    so kindly tell me the total charges which will deduct throughout my policy term.

  138. vipin pandey says

    can i know the total nos of units (aprox) allotted to me after 3 years of investment For Monthly (ECS) mode where minimum premium is Rs.2,000 p.m.after deduction of all the expenses.

    Regards,

  139. Pratibha says

    what would be the return after 7 year term
    for a 3 year premium of Rs.20000/- every year
    ,coz I have invest 20k this year

  140. omkar bhave says

    i have startd LIC Wealth plan Monthly mode in Feb 2010 but i havn’t recieved any Policy doc till date. when can i expect my policy doc. how much time mor will it take

  141. Bishu Das says

    I have invested 20000 per annum in LIC wealth plus for three years. My mode is half yearly. If NAV will 20 how much amount Iam received.

    Thanks

    Bishu Das

  142. Uday Mehta says

    If i Invest total Rs 150000 in premium of Rs 50000 for 3 years, will i get all units together with the policy on the payment of first premium or will it be paid after payment each premium?
    Also what will be the price of each unit (NAV) now?

  143. V.Chakravarthy says

    I have given my cheque to LIC for the wealth plus plan, but still to recieve my policy copies. No information or communication in this regard has been sent to me from LIC. Could you pls advise.

  144. P Praveen says

    Sir, I am planning to invest Rs.100000/-in your wealth plus plan for my wife . She is 29 (DOB- 28/03/1980),i want to know following
    (A) Return after 8 years
    (B) Tax benefits and relevant section with limits
    (C)Charges if any levied in the case of premature withdrawal
    (D)Eligibility for rendering this policy as security in nationalized banks
    (E)I am not getting the term extended/2 years free life insurance cover as she is already insured in your money back scheme.
    (F) Total number of units as on today(say 01 May 2010)

  145. Najeeb says

    I would like to know how LIC will cover the losses due to the payment as per highest NAV.

    I Suspect LIC will invest all the money in debt instruments
    where by giving its investors meagre returns in 8 years of time that will not even match annual inflation.

    Clarify please.

  146. SAJITH KUMAR says

    How can I check the NAV of wealth plus through the website? How can I know the details of shares in which Wealth Plus invests?

  147. sunil Adke says

    I have decided to invest in Wealthplus 20000 per month
    presently i had paid half year payment ie 10000

    Presently i will get unit at the rate of 10 ( ie 000 units)

    After 6 month or next year intallment, at what rate
    should I get the units

    I Mean to say at the same ie Rs 10/- or will it increase

  148. shash says

    After investment do I get to know which funds my money is invested so as to track record of highest NAV/year?

  149. debasmita says

    The initial NAV is Rs10. If it goes down to Rs8 and suppose within 7 years the NAV does not reach to Rs 10 then how much we will recieve after 7 years? does the highest NAV will be considered as Rs 10.

  150. pradeepan.M says

    I have started to invest 10000Rs 1st premium quarterly basis.If I pay regularly for three yrs what amount i will get on maturity.What is the value of share now.Using policy No. can i get updates of my policy in net?

  151. salma ghousy says

    i have paid rupees 60,000/- for three years, maturity is over by this year….

    policy number is 754619445

    how much amount will i get if i close this policy now?

  152. salma ghousy says

    i have paid rupees 60,000/- for three years, maturity is over by this year….

    policy number is 754619445

    how much amount will i get if i close this policy?

  153. DILIP KUMAR NASKAR says

    I invest Rs.40000/- in wealth plus LICI SCHEME. How much money shall I return after 8 years? if the maturity amount will be paid by cheque? How many month will it take to process the amount back after eight years? As per wealth plus scheme paper the amount will be like Rs.137000 is it right? if the bank account is not mentioned in the policy paper, would be send to home address any cheque by LICI ?

  154. KALPAK says

    DATE OF LAUNCH of WEALTH PLUS (801) is 09.02.2010
    But still no change is unit values here.. Y ?
    licindia.in/plan_navs.htm
    Is there any other site to monitor ?

  155. Mukul pandey says

    Thanks for reply re Wealth Plus Investment Policy for my daughter.

    But how & why is it better than Bond & Secured policies under Plan 188.

    Regards

    Mukul

  156. Subodh Bhide says

    What is the easiest way to monitor the NAV value on a particular day or for a given time frame (say 6 months)?

  157. ravi chauhan says

    Dear Sir..
    please give me some information of welth plus plan in hindi language ..

    thanks & Regards

    Ravi chauhan

  158. shamim says

    Wealth Plus offers Guarantee of the highest NAV in the first 7 years of the policy, subject to a minimum of Rs.10.

    please explain ‘subject to a minimum of Rs.10′ part

  159. Amit Patel says

    Hi,

    1. I want to take Wealth Plus + Policy on Yeary Mode – 20000/- Rs.
    If I want to take tax benefit, how much get SA from Policy.

    2. I want to take Wealth Plus + Policy on Single Mode – 40000/- Rs.
    If I want to take tax benefit, how much get SA from Policy.

    Please Reply ASAP.

    Thanks & Regards
    Amit Patel

  160. KEDAR PANDEY says

    I invest 40000Rs. single premium in wealth plus policy on 25 march 2010. Tell me total deductive amount and no. of NAV Units.can i deposit 4000Rs. next year. Thanks;

  161. SANJOY PAUL says

    If i invest wealth plush Rs 40000/- ( Single Prem) how much deduct for all charges. Number of unit you give

  162. krishna says

    In case of premium of Rs 15,00,000 will The policy proposer be required to furnish Income tax returns etc. pls answer

  163. krishna says

    I am 42 yrs of age and I would like to take a wealth plus plan in my name and make my niece as the sole nominee, will I have to take any medical tests and my niece is 20 yrs of age and I would like to know what is the largest single premium that I can pay and is the income eligible for Income tax exemption.
    I would like to know if I take a wealth Plus policy now in 2010 and the NAV touches Rs 30 in 2012 and by the year 2018 it slumps to Rs 4 . what will be NAV I will get ? Pls reply to my email

  164. Sukanta Mukherjee says

    How much unit I will get if I invest Rs.40000.00 one time( My age is 38 years)? The value per unit Rs 10.00 is valid up to which month?

  165. S.R. SRINIVAS says

    If i invest in wealth plus policy quatery Rs.5000/- how many units I will get ? whether I will get the units on yearly investment or quaterly investments ? Please clarify

  166. S.R. SRINIVAS says

    How much i get on maturity for JEEVAN SARAL POLICY of Rs.2000/-and Rs.1500/- per month for 20 years ?

  167. S.R. SRINIVAS says

    I have taken three JEEVAN SARAL POLICY’s Rs.2000/- monthly and Rs.1500/-monthly for 20 years and Rs.1000/- per month for 16 years How much amount I will get on maturity ?

  168. Rajendra says

    hello,
    by online application or applying directly without an agent, can we save allocation charges? or get any extra units? becoz it saves LIC from paying agent commission.

  169. Nishant Vasantbhai Shah says

    Dear Sir,

    if i invest 50000 as a single premium, what is the minimum approximate amount i can expect at maturity means after 8 years.Pl.give approximate figure if market will go up or down.Which policy is good Wealth plus or Market plus.Pl. send me the comparision table for both policy.

  170. Ranjeeth says

    Hi, wanted to know, how can i find out the present NAV and in future from where can i find NAV (just to keep track of investment and returns)
    Thanks.

  171. varsha chawan says

    what is the last date for applying for wealth plus…?
    Is it 9th May 2010 or it was 31st March 2010..?

  172. Swati Chavan says

    If I pay 40,000 single premium at age 47 years then what will be the maximum risk cover ? And how many units will I get ?

  173. Vinod Gangurde says

    Suppose, i choose for 3 yrs policy of rs.20,000

    so. how much units i will get??

    (No. of units x NAV)

    I want to know the unit value.

  174. Subhasish Baruah says

    If I make one time investment of Rs. 60,000 in LIC Wealth Plus what will be my allocation charges and how many units can I expect to get for that amount?

  175. satyajit says

    For wealth plus policy,

    one of the clauses says i can cancel the policy after buying the same.
    but this has to be done in 15 days. I have paid single premium Rs.2 lac and now wish to cancel the same.

    Please let me know the process and charges that LIC shall deduct for the aforesaid purpose.

    thanks.

  176. kondreddi Balaji says

    If the unit value will be reached Rs 30/ in the first 7 years.is it concedared as a highest nav?

  177. rakesh chandra says

    1.what does it mean by this sentence [it is written under the heading ‘surrender value’ above]:

    “The policy can not be surrendered during the extended life cover period.”

    2. upto which time it is in force.

  178. Ani says

    Is there any particular date of a month that you will be considering for NAV (like 10th of each month)? Or a highest NAV can be NAV of any (working) day of the month?

  179. Mahesh Kabra says

    I want to invest Rs. 50000 /- per year in the name of my child. I have read all the terms. But I am confused in one thing. How much % amount LIC invest in Equities, % in Debt, % in cash, % in other instruments? If they invest 10 – 20 % or as per there expert opinion in equities then it will be emotional cheat with Investors.
    Pl send me the proper answer on my E-mail ID.

  180. Sandeep Kumar Chhetri says

    I want to know:-
    (a) In Dehradun, where I have to contect to buy this plan?
    (b) What is better to buy this policy(Wealth Plus) for me, wife or 13 years old son.
    (c) I want to deposite 50000/- per annual for thrre years from last of May 2010, is it posible.

  181. vijaya mary says

    Sir,
    If i invest 40,000 now after 8 years how much amout i will get
    2.and can i take the amout before 8 years.
    3. at the end of 8 years how much amout will get deducted and total net how much will i get
    4. when is the last date to pay the amout becuase i want to enrol for this wealth plus policy but i can pay only after april 15 2010, i have to arrange for the amount, please revert back to me in mail

    thanking you
    mary

  182. Milind says

    How we can know the highest NAV during this whole policy period? Is there any option that LIC will communicate us annually / half-yearly? Can we see the NAV online?

  183. swarna says

    sir if i pay rs.2000/p m for first year can pay next year lumpsum 20000/- what all documents i required to submit on line

  184. Pratibha says

    Can u tell , if i will invest 20k for 3 years, How much amount I will get after 7yrs?returns after 7yrs.

  185. Sonali Bose says

    Dear sir/madam,

    Please clarify

    Q1. Is it possible that NAV will not go high in 8 years?
    Q2. If I do this policy for 10,00000/- in single premium for my son’s education. How much return I can expect after 8 years.

    Regards,
    Sonali

  186. P V K L N SARMA says

    I want to know the information about Jeevan Tarang Policy. Kindly send to email address. thanQ…

  187. L. R. JAKHAR says

    I HAVE OPTED A WEALTH + POLICY MODE HALF YEARLY FOR RS.10000/_ AS ON 15.3.2010, SO PLEASE INTIMATE ME FOLLG. MY POLICY NO.IS 197997133.
    1. HOW MANY UNITS ALLOTED TO ME.
    2. HOW MUCH % MONEY INVESTED IN EQUITY/ DEBT / BOND MARKET.
    3.MATUIRITY DATE & APPX. RETURN.

  188. LEELA RAM JAKHAR says

    I HAVE OPTED A WEALTH + POLICY MODE HALF YEARLY FOR RS.10000/_ AS ON 15.3.2010, SO PLEASE INTIMATE ME FOLLG. MY POLICY NO.IS 197997133.
    1. HOW MANY UNITS ALLOTED TO ME.
    2. HOW MUCH % MONEY INVESTED IN EQUITY/ DEBT / BOND MARKET.
    3.MATUIRITY DATE & APPX. RETURN.

  189. SENTHILVS says

    I need clarification in Wealth Plus plan

    what would be the return after 7 years
    1) for a single premium of Rs.60000/-
    2) for a 3 year premium of Rs.20000/- every year

    I read the policy, in that For Single term SA=1.25% and 3 Yrs term= 5 times and 120 times
    How to calculate SA?? SA is mean for only accidental benefit? or Maturity amount?

    My age is 27 years.Which option is best? whether single or 3 Year term??

    What is the closing date for this plan?

    Kindly clarify my doubts.

    Regards,
    SENTHILVS

  190. Shankar says

    Hi,
    I have a few queries reg. Wealth Plus.

    1) Will the invested money based on the highest NAV be returned after 8 years or 10 years?? (Will the money be held during the extended life cover period)??

    2) I want to invest 40,000/- under Single Premium policy. What are the allocation and admin charges?

    3) Highest NAV value – What is the difference between highest NAV in the first 7 years or NAV in the 8th year? Will not the highest NAV for the first 8 years be considered?

    4) Will there by any extra benefit considering the person’s age – for ex, will be there be any difference in returns or charges between a person 25 yrs of age and 60 yrs of age, when both invest the same amount?

    Thanks..

  191. Abhishek Das says

    I want to know the last date to apply for Wealthy Plus Policy.

    I want to invest in May so as save in 80c for coming Financial year.

    Please suggest me.

    With regards,
    Abhishek Das

  192. NITHYANAND says

    WHEN HIGHEST NAV DURING THE PERIOD OF 8 YEARS IS ASSURED WHY THE BREAK UP OF UP TO 7 YEARS NAV AND 8TH YEAR NAV????

  193. Trish Garg says

    Dear Sir/Madam
    I want to invest approximate Rs 100000 in LIC wealth plus and I want to clarify whether LIC will calculate fund value based on higgest NAV out of 7 years (= 7×365 = 2555 days) on maturity or there will be certain dates (weekly or monthly basis) from which the fund value will be calculated at the time of maturity.

  194. sujo says

    Hi,
    if i invest 40,000 as a single premium how much i get after 8 years assuming there is no increase in the market value

  195. C N Annadurai says

    If I take Wealth Plus for a sum of Rs.100000/- on a yearly basis, consecutively for three years, what may be the highest NAV expected within the span of the seven years viz. whether it may be 15% or 18 % based on your past experience ?

    If the policy is taken right before March 2010, will you be able to issue the bonds immediately or will it take sufficient time for you ?

    Will you print on the bond on the confirmation of the highest NAV ?

    Please reply .

  196. riyal sethi says

    Hi,
    i am planning to do one time investment of Rs40000 can you tell me how much units will be allocated and will it be better to invest Rs50000 rather than Rs40000 as one person told me that you can get extra units with the investment of Rs50000 .

    thxs

  197. Soudipta Kundu says

    Which one is a better option?
    1) A single premium of 150000 at a time
    or
    2)A 3 year premium of 50000 each year?

    Please let me know which one would have a better Sum Assured as well as a better return value based on the calculation of different charges.

    Thanks & Regards,
    Soudipta

  198. Soudipta Kundu says

    Hi,

    I live in USA and currently I came to know about this new LIC Policy. Could you please let me know where would I find the soft copy of the application form so that I can download the same and apply for this Policy? Also is there any soft copy of different terms and conditions as well as more details about this Policy available anywhere in the website which would help me to understand the Policy in more detail?

    Thank you for your assistance.

    Thanks & Regards,
    Soudipta Kundu

  199. gopal giri says

    I would like to invest Rs.100000/- in lic wealth plus. please tell me that after maturity of 8 years how much amount I will get from lic.

  200. DEB MUKHERJEE says

    1. I would like to invest Rs 40000/- in my son’s name. What are the papers required for the same?
    2.What is the current NAV nowadays(15-21 Mar’10). where to find this NAV?
    3.Total Approx return at the end of the term after all deduction incase of investment of Rs 40000/- taking into consideration of ups & downs of the NAV during the term.

  201. anil says

    if i invest 5 or say 10 lacs ont time, trwha is the return after 8 year, pl. explain by different nav in a chart fashion

  202. RAVI SRINIVASAN says

    Question :

    1. Is WEALTH PLUS a good financial Investment for a 18+ yr old person .

    2. What is the max. duration of this Policy.

    3. How is Wealth Plus compared with HDFC Suvidha policy ( as this is also a ULIP )

    Ravi

  203. MANDAR says

    Thanks in Advance
    1) What do u mean by Allocation charges?
    2) can u explain the modes type (e.g yly,hil like)
    3) what is the minimum and maximum premium that i have to pay?
    4) what do u mean my PPT.

  204. Trish Garg says

    Sir/Madam

    I want to clarify the exact meaning of higgest NAV during 7 years. Will it be the higgest NAV of 365 x 7 = 2555 days or LIC will select any arbitrary date each month or each year upto 7 years and then will see the higgest NAV of those few days only ?

  205. Satadru Sinha says

    Can u please suggest that if a person invests lumpsum anmount (life savings) in a single premium upward of 5 lacs whether this is a good policy or to go in for a fixed deposit LIC policy with no allocation charges and other administrative charges. Please advise accordingly. Would it be prudent ebough to invest my father’s entire retirement benefits in this policy for good return

  206. GP says

    If I go for 3 year plan and 20K every year. How my no of units will be calculated. And how the amount will be paid at the end. Is it highest NAV maultiplied by my total units ?

  207. Joaquim says

    Dear sir,
    1. Can u tell me how NAV will increased as per market.
    2. I want to this wealth next month because of some problem. Can i do it n what is closing date.
    please reply me back. Im waiting for ur reply. Thanks
    Joaquim

  208. A.Samanta says

    If I am investing Rs 100000 as a single premium, how much returns will I get , in the below condition :
    Market rises upto Rs 50 and falls upto Rs 8 (Below Rs 10) at the 7th & 8th year ?

  209. tarunkmajumdar says

    my daughter age is 9 years 1 month i.e. date of birth 18.02.2001.
    please give me information about wealth plus (table no. 801)
    tarun majumdar

  210. mohammed illyas says

    If I will invest Rs 40000/- one time in wealth plus,
    maturity how many year ?
    how much I can expect return after maturity ?

  211. banke says

    if i invest 20,000 yearly . then how much will be deducted as various charges.

    i know it will be 12 % first year then 2.5 nest year onwards.
    so does it means. 2400 will be deducted first year and then 500 will be deducted on 2nd and 3rd year, as i have to give premium only first three year. or does it mean that 500 for next 7 years? please clarify
    and same question for mortality charges. will it be charged for 8 years or three years.

  212. Gopalan N.P. says

    Suppose I invest Rs.25000 annually in wealth plus, how much amount will be deducted each year towards various charges viz.allocation, administration, mortality etc.etc.I wish to know the fulldetails before deciding to put my moneyin this scheme.

  213. Sushil Godbole says

    LIC Wealthplus form ask for Investment Pattern of the Funds. There are four options.(four columns)
    What is to be entered in the column as three columns say 0% to 100% and last column says Medium risk.
    Pl. guide.

  214. akshay says

    on what condition do i get extended life cover.if i surrender my policy after 8 years, do i still get extended life cover or i have to wait for 10 years to get my maturity amount.

  215. saroj bala says

    If I opt for ECS 2000 per month in Wealth plus how many unit will be alloted to me ? Will it be yearly based or monthly based.Plz elaborate with some example.

  216. Vijender says

    Dear Sir/ Mam,

    Pls tell regarding Two plans contains of below mentioned,
    1.Wealth plus
    2.Jeewan Anand

    If I invest 20,000 P.Y for 3years than After 7 years What amout approx I will take, Kindly give me Amount Figure,

    Secondly If I take jeewan Anand Plan of 100,000 for 20yrs than What Amount I will take on maturnity and after full amount,

    Please revert me ASAP,

    Thanks & Regards,
    Vijender Kumar

  217. Wasif says

    Do i get any tax benefits under this policy ?..
    Can i get loan against my policy after 3 yrs ? Will my policy be affected incase i do that ?

  218. Ashu says

    1) What is the last date for Closing of LIC’s Wealth Plus Policy ie
    by which date we can invest in this Policy ?

    2) How to know the NAV Rate on a particular day ?

  219. Vinayak says

    I have made small comparision between LIC Welath plus & fixed deposit for an ivestment of 5 lacs (one time investment)

    – Fixed deposit will yield 9 lacs approx. at the end of 8 years (@ rate of 8%)

    – The charges in Wealthplus works out to around 8% for the first year (due to premium allocation charges) & around 2.5% average for the subsequent years

    – Nett charge works out to 25%. However, there is a clause in LIC website wherien certain charges might go up during the policy tenure. So I have assumed total charges to be 30% during the tenure period.

    – With the above, I have applied a factor of 0.7 on the investment of 5 lacs & you would get 3.5 lacs worth of Units at the end of tenure which is 35,000 Units

    – Now for getting a return of 9 lacs (to break-even the fixed deposit return), the highest NAV needs to be 9,00,000/35,000 Units = 25.71

    – To achieve a NAV of 25 at the end of 8 years, the fund needs to grow at a rate of 12% p.a

    Can you check the above calcualtions & clarify the below 2 points

    1. Assuming that LIC will be very cautious in their investment portfolio, since highest NAV clause is involved in this fund, What are the chances that NAV of Wealthplus will touch 25.71 (Give your ratings on scale of 1 to 10 for this question)

    2. Is the moratlaity chagre of 2.75 per thousand per annum correct(for a person aged 35 yrs) .

  220. K.K.Mittal says

    According to me, the maturity amount would attract income tax because when the premium is 20% or more of the Risk Amount ,it becomes taxable particulrly in case of single premium policy.Pl. comment.

  221. AJIT says

    is this applicable for NRI.
    what is max limit for investment ?
    how can i invest online? if i have previous LIC plocily will u consider my history for record (for online application)

  222. Pradeep says

    For tax exemption Wealth plus plan is coming under which section. i.e. under 80c or 80d or anything else.

  223. Suresh says

    do you have forms on-line in .pdf or any other formats?

    can you please provide me the links ?

    if you don’t have it , is it possible for you to make it available in any on-line format,

    I am not in mumbai! , a .pdf file will be fine which I will fill out , print it and send it to you ?

  224. r k chaturvedi says

    I have taken lic wealth plus policy today.My first premium is Rs.80000.00.Please tell me what would be my approximate return after completion of policy term.

  225. Parag Rede says

    I can do both pay a single premium or divide it across 3 years. Which one will give us maximum returns or incur minimum charges?

    If the highest NAV is in the past, for example say it takes place before third year’s premium is paid, will it be applicatio to the third premium as well?

    If the highest NAV takes place in last year, then will the returns be same irrespective of whether I have paid a single premium or annual premium. i.e. total units * 50. If so, in this case paying annual premium is seeking better % returns as you are staggering your investment.

  226. pankaj jain says

    kindly provide the detail table wise investment and sum assured after 7yrs and 8yrs of lic wealth plan and closing date.

  227. anupam shukla says

    Pl.provide comparison between LIC wealth plus ,Reliance Higest NAV plan which is better in returns and charges.

  228. saroj bala says

    Plz suggest if full withdrawl is allowed after completing 3 yrs.in Wealth plus.Which option is best either 3 year investment of 20000 p.a. or single premium of 40000? in both cases consider time of 3 yrs. only.

  229. Rishit Patel says

    If i invest Rs.40000 single premium then how much return i can get? what is expected Highest NAV in next 7 years? Where my money is going to invest by LIC?

  230. Derrick says

    Dear sir,
    Can you tell me how investment is done in market means how much money will be invested if i invested Rs 50000(single) and Corresponding how NAV will increased??PLEASE REPLY ME

  231. sumanth says

    Hi,
    I am working in UAE & am intrested in Wealthplus. I have taken 2 policies in Jan 2009 & submitted the required medical test & report

    – Do i need to take medical test for Wealthplus again now

    – If so, how can i get it done here in Dubai

    Pl calrify

    Regards

    Sumanth

  232. Derrick says

    If i want to withdraw after 3yrs for the invest Rs. 50000(single),what amount i can withdraw(partially)??Please reply

  233. DEBANGSHU NANDY says

    What i have been informed by my agent that the return incase of single premium will be taxable & in case of yearly premium itwull not be , is it true ? Please inform the tax implications

  234. Derrick says

    Dear sir,
    im want to invest Rs.50000(single), can you tell me how to check NAV every year..there any website which i can know the latest NAV…PLEASE REPLY ME or forward me the required link..

  235. Sai Prasad says

    What will be the fund portfolio? Is the entire 100% invested in equity or partial debt? What is the past performance of a similar fund? Who is the fund manager?

  236. sumanth says

    Tabrej,

    I have made small comparision between LIC & fixed deposit for a sum of 5 lacs (one time investment)

    – Fixed deposit will yield 9 lacs approx. at the end of 8 years (@ rate of 8%)
    – Total Charges towards premium allocation, guarantee charges, policy admin charges, service tax, etc etc is as under (In % per year)

    -8.01%
    -2.34%
    -2.38%
    -2.42%
    -2.46%
    -2.51%
    -2.57%
    -2.62%
    0.00%
    0.00%

    – Nett charge works out to 25%. However, there is a clause in LIC website wherien certain charges might go up during the policy tenure. So I have assumed total charges to be 30% during the tenure period.

    – With the above, I have applied a factor of 0.7 on the investment of 5 lacs & you would get 3.5 lacs worth of Units at the end of tenure which is 35,000 Units

    – Now for getting a return of 9 lacs (to break-even the fixed deposit return), the highest NAV needs to be 9,00,000/35,000 Units = 25.71

    – To achieve a NAV of 25 at the end of 8 years, the fund needs to grow at a rate of 12% p.a

    Can you check the above calcualtions & clarify the below 2 points

    1. Assuming that LIC will be very cautious in their investment portfolio, since highest NAV clause is involved in this fund, What are the chances that NAV of Wealthplus will touch 25.71 (Give your ratings on scale of 1 to 10 for this question)

    2. Is the moratlaity chage of 2.75 per thousand per annum correct(for a person aged 35 yrs) . (Please check the below calcualtions & get clarifications from LIC)

    ( For 1 lac investment, sum assured = 1.25 lac. Amount deducted towards moratality charge = 2.75 * 125K = Rs. 343 per annum which works out to 0.34% of the investment

    Compare this charge with Convertible term assurance policy (Plan No.58) for 2.5 lacs S.A, for aperson aged 35 yrs, premium works out to 1,712 per annum for PPT of 7 years. This works out to Rs.6.85 per thousand per annum)

    Regards,

    Sumanth

  237. R.Jayapal says

    My relative is 60 years old.She wants to invest Rs 1 Lac as one time payment in wealth plus.What is the death cover if some thing happens to her during the policy period,her son will get as nominee.

  238. Sumanth says

    I am a NRI working in UAE. I have taken couple of policies in Jan 2009 during my visit to India & have submitted the required medical reports during that time. I am now interested in Wealth plus policy & have the following queries.

    1. Is a medical test required to be given again to take wealth plus policy considering the above

    2. If medical test is required, how can i get it done sitting here at dubai

    3. What other documents are required to be submitted along with the application

    4. What is the basis for calculating the premium towards risk cover. In the LIC website it is provided as 2.75 per thousand for a person aged 35 yrs. Is this rate per annum or per month

    Can you pl clarify

    Regards.

    Sumanth

  239. Bultun says

    I want to invest Rs. 40,000 as single premium on 20.03.2010 when the NAV is Rs. 10. How many units will be allocated to me?
    Please explain the calculation in details

  240. ARNAB CHAKRABORTY says

    I want to invest Rs. 100000 as single premium. Will the units be allocated for this entire amount? Or apart from the 5% administrative charges a portion will be deducted to cover risks (insurance)?

  241. rama krishna says

    can i expect atleast double amount in 8 years..
    how much charges after 50 years aged persons.
    let me know, which companies investing this policy
    how can i get every day nav rates.

  242. Madhav Bhide says

    I am in Qatar i need wealth plus proposal form in pdf format how can i get? is it possible u to send?
    Thanks

  243. Sumanth says

    Hi,

    Is this a close ended scheme. If so, when is the last date

    Can I opt for single premium & topup the same lateron (I understand this option is available in Market plus 1

    Pl clarify

    Regards

    Sumanth

  244. Rajesh Salian says

    I am interested in buying a wealth plus, but i need a some information.
    1) I want to invest Rs.20000/-p.a then for how many year should i pay a premium (is it 3year).
    2) If i want to surrender the policy after 3 years then what return shall i get will be less than i am invested or more (i.e 20000*3=60,000) .
    3) Is their any tax benefit.

    Regards

    Rajesh Salian

  245. ABHIJIT BISWS says

    If I want to pay Rs. 2000/- per month in wealth plus policy what unit will I get after completion of 3 years ( Total amount paid in 3 years is Rs. 72000/-)

  246. Byasadev says

    I am 25yrs old.& if i invest Rs.20.000.per year for 3 yrs. what ’s benifits after 7yrs completed? & what;s the death benefits ?

  247. anuj agrawal says

    what tax benefit can i expect from investing in lic wealth plus plan of 3 years annual premium?

  248. Ramesh says

    Hi,
    i invest 40000 as single premium, what is the minimum approximate amount i can expect at maturity. do i need to pay anything besides this one time payment of rs. 40000 after how many years get back money to returns for me .apporx how much will assume max & min…

  249. Capil says

    What is the present rate of NAV of wealth plus. If today I invest 50,000 as one time, how much unit i would get it.

  250. Nisith says

    Dear Tabrej,

    This is the first time I am planning to invest on ULIP.
    So, have some query.

    If I invest Rs. 1,80,000 (Single Premium), or,
    60,000 X 3 years = 1,80,000 (For a period of 3 Years, anually), or,
    5,000 X 36 Months = 1,80,000 (Monthly premium for a period of 3 years).

    Will I get the same return in all the above mentiod cases, If I choose the policy term as 7 years.

    Please explain.

    Thanks~
    Nisith.

  251. balu says

    Can you clarify below concerns related to the recently launched LIC Wealth plus?
    a. When is the closing date for this plan
    b. When will LIC invest this money into the market
    c. If the market does very bad in coming years than now, will the NAV drop below 10.

  252. Girish bhat says

    my date of birth is 19/01/1961,i want to invest Rs 20000 in wealth plus. tell me how many mortality charges deduct in my amt?

  253. prasad sawant says

    can u give me more details of monthly mode

    what will be the charges for monthly premium
    for monthly premium what will be the sum assured ?

    thank u

    prasad sawant

  254. Rakesh mahto says

    I want to know for wealth plus polocy because I am a lic Agent , So Please me full Detail of this policy, My e-mail address is bhusa420@gmail.com . please don’t upset for this ID . this is my ID. I need information for this policy .

  255. K. Sadakshara Murthy says

    Sir,
    How many numbers of units will be alloted to me ,if i have invested amount Rs 40,000 in wealth plus.

  256. janardhan Pai says

    Is it benificial if i do one time single premium. as all the units will be credited into my account at one time.
    Coz if i do yearly installment.. and if NAV increases then less amount of units will be credited into my account..as per current NAV rate…pls advise if my consideration is wrong.

  257. Bhavana Mehta says

    As per my understanding for Rs 40000 one time investment

    Allocation Charge: 5%
    Mortality Charge: Rs.195 on 40000 onetime investment
    Policy Administration Charge: Rs.60/mo first year then Rs.25/mo
    Fund Management Charge: 1%
    Other charges are: 0.35% guarantee charges

    Total Charges is : 2000 + 195 + 720(1st Yr) + 400 + 140 = 3455 [Around 8.63% first year] and then 0.25% every year

    Is it correct?

    Is Accident Benefit charge at the rate of Rs. 0.50 per thousand already included in above mentioned charges?

  258. Achintya Deb says

    Sir,
    I I have continued Money Plus for three consicutive years, this is my 4th year….. will I deposit my money in the same this year also ? or it is better for me to quit? is wealth plus is a better option than money plus?….pl let me know

  259. mushtaq ahmad matoo says

    I am an agent of the lic’s unit II srinagar, J&K, wnats to know the full features viz, benefits of the “wealth Plus” Plan 801, by which I can motivate the client to take the said policy & also the comission %age for the agent for single premium, and regular premium,and is there the facility of premium holiday after three or five years.

  260. Mahendra says

    i have invested 60,000 through single premium in wealth plus policy, can you please advise how much tax rebate will i get, will i get tax benefit on the whole 60,000?

  261. Mrs Shah says

    LIC’s Wealth Plus plan gives tax benefit under sec 80C ?
    whether maturity under single premium taxable or taxfree ?

  262. Samir Kumar Dutta says

    Is there any premium allocation charges for wealth plus plan of LIC? What is this premium allocation charge? How this chage is calculated?

  263. Santosh Sawairam says

    I want to know if Wealth plus is gping to invest 100% in equity or it will be mixture of Bond, Debt and equity ? If yes then what is maximum % in equity?

    • Tabrej says

      There is no such options to choose. The fund will be managed by LIC’s expert depending on market situation.

  264. n.chandrasekaran says

    i like to join in regular investment of rs.20000/- per year for three
    years. how much units will i get in that period? How much is the
    accident benefit? What is the life cover from first year onwards?
    My age is now 54 years. Kindly clarify.

  265. kondreddi Balaji says

    i have paid rs50000/ single premium for wealth plus.iam 36years old. sa (risk ammount)had shown as 62000/ is it correct?

  266. Sanjay says

    Hi,
    I have invested 50,000 per annum in LIC wealth plus. My mode is half yearly. so kindly tell me the total charges which will deduct throughout my policy term. please give me net amount after all charges has been deducted as i know all charges but being non-financial guy its hard for me to calculate.
    Thanks

  267. Alpesh C Patel says

    What is NAV at the of launching the Fund. If we pay 20000 Rs, how much units we gat after 2017 ?.
    2.what is the risk ammount for 50000/ single premium?
    3.what isthe minium period for surrenderdrity? & How much amount will be surrendr Amount this plan

    • Tabrej says

      1.Initial NAV was Rs.10
      2. For One time investment you get 1.25x risk cover i.e 62500/-
      3. You can surrender after 3 years or withdraw Partial money from your Wealth Plus plan.

      For Return please read the example above

  268. Meera says

    What is the units allotted for premium?and how can we know the highest NAV during market fluctuations?is it possible through internet?

  269. MANOJ AGARWAL says

    I want to have LIC Wealth Plus policy for a term of 8 years by paying monthly premium of Rs. 2000/- through ECS mode. Pl. tell us the various administrative charges etc. that will be levied during these 8 years and what will be the no. of units I will get during the 1st month, 13th month and 25th month after starting of policy.

  270. ramesh says

    hi,

    If i invest 20000 per anum for three years how much money will be get invested in this scheme apart from all charges.

    other words, for 20000 per anum for 3 years how much you charge for all (Allocation Charge, Mortality Charge, Policy Administration Charge etc.)

  271. lijojohn says

    sir,
    i am in kuwait .cani join policy from online?
    i would like to invest in wealth plus .
    premium should be 100000 lakhs / years for 3 years.
    can ipay premium half yealy ? 50000x 2 for 1 years, same as for 3 years.
    how i can open wealth plus ?
    after 7 years ? how much amount i will get back.

    awaiting for your reply.
    mail me .

  272. kondreddi Balaji says

    i paid single premium for wealth plus rs 50000/ the risk ammount ie sum assured is noted as 65000/ my age is 36years is it true?

  273. Hemant says

    I am interested in this plan my agent told Me if I invest 1 Lakh today I will get 3.45 Lakh(guranteed) at maturity. Is it guranteed.

  274. Prabhat Kumar Gupta says

    Could you please explain where the fund will be invested – In equity Funds or debt funds . If in both then how much % will go to Equity funds .

  275. kalyana sundaram says

    you have not given exact amount after 8 years if 40.000.single premium is paid?

    Please help us clarified.
    kalyana sundaram.

  276. K.VARALAKSHMI says

    My dob is 5.8.51. So I will be completing 59 by 8.2010. I already have lIC policies in force at present.I want to make two wealth plus policies one for a one time payment of Rs.4,00,000 and the other for yearly payment of Rs.40000. My querry is:
    1. Is it necessary to get a medical examination report?
    2. After the one time payment, can I make yearly payments also on the same policy?
    3. How much extra I have to pay for accident coverage?
    4. There will not be any dividend payment upto 7 years or 8 years in contract to mutual funds which pay periodical dividends?

  277. Venkatachalam K says

    I have browsed LIC website. They mention of Mortality charge and service tax. Can you pl explain the applicability of these charges clearly?

  278. Venkatachalam K says

    I want to pay single premium of Rs 1 Lakh

    Pl provide the list of charges applicable clearly (per month or annum uniformly) for the entire 8 year period
    a) Allocation charge
    b)Administration charge
    c) Fund management charge
    d) Gurantee charges
    e) Accident benefit charges
    f) Any other charges other than the above

    Pl advice whether the above charges are one time or recurring .

    I am 62 years old. Is ther any medical check up required ? Why ? Dtails ?

  279. baban shambharkar says

    please give me a approximate average return after matuarity of LIC Wealth Plus Single Premium Rs 40000/- at the rate of Rs 50/-

  280. Nitin Khot says

    How many units would be allotted for the first yly premium of 20k, second year premium of 20k and last premium of 20k respectively?
    Nitin

  281. kpkoshy says

    want to invest Rs 100000 in wealth plus. 1.how many units I will be allotted . 2.after 3 years can i withdraw all the units. 3.weather it is transferable.4. NAV is applicable after three years also

  282. satish tale says

    Sir,

    If i invest Rs. 20000/- per annum for three years, in LIC Wealth Plus how much amount i will get approximately at the time of maturity.

  283. Ranbeer says

    Is this correct that we dont need to give any premium after 3 years, and the policy will continue (if we dont close) for 7 or 8 years?.

    What is the average amout that we can expect if we want to close the policy after 3 years?

  284. Sandip says

    Could u please tell me what would be the better approach
    1.Opting for a single premium

    2.Opting for premium annually for consecutive 3 years

    3.Opting for monthly premium for three years

    Please also mention the reason.

    • Tabrej says

      1. Single premium if you have surplus money this year but not sure for future.
      2. Only if you are sure, you will have surplus money for next 3 years to invest.
      3. Monthly, If you don’t have lumsum money to invest in single premium or pay annual premium. I would suggest for Salaried individuals with salary less that 15,000 per month.

  285. S Y CHAUDHARI says

    What is NAV at the of launching the Fund. If we pay 20000 Rs, how much units we gat?.
    Suppose NAV in the yr 2011 is 50Rs and then market collapse and it come to 12 Rs, then which NAV you will consider at the time of maturity.

  286. monica says

    if i invest 40000 as single premium, what is the minimum approximate amount i can expect at maturity. do i need to pay anything besides this one time payment of rs. 40000

    • Tabrej says

      You don’t need to pay anything else besides this one time premium. The minimum value will always be the face value of your investment. (That’s the case if market never goes up. which is 0.01% possible.)

      Since you will get highest NAV in wealth plus with lowest allocation charges, LIC’s wealth plus is the best investment option as of today.

    • Tabrej says

      You can buy it without consultation. But you cant buy in online. If you want you can courier the documents and cheque instead of visiting branch.

  287. Praveen says

    LIC Wealth Plus is a very good policy.
    I want to know about its investment profile.
    1 How much it invest in equties and debt funds ?
    2 what are the fund options

    • Tabrej says

      There is no fund options. Your money will be invested by experts depending on market needs to give you maximum return out of your investment.

  288. Bensy Philiph says

    Kindly clarify the following charges in Wealth Plus

    Yearly Premimum Allocation Charge
    Mortality Charge,
    Policy Administration Charge,
    Fund Management Charge,
    Rider Charge.
    Other charges are:
    Switching Charge
    Service Tax Charge,

    • Tabrej says

      Allocation Charge: 5%
      Mortality Charge: Rs.195 on 40000 onetime investment
      Policy Administration Charge: Rs.60/mo first year then Rs.25/mo
      Fund Management Charge: 1%
      Rider Charge: NA
      Other charges are: 0.35% guarantee charges
      Switching Charge: NA

  289. Bensy Philiph says

    1. What are the charges this plan incurred?
    2. Is it better than a mutual fund (leave the insurance part)?
    3. Who is the fund manager of this fund?
    4. What are the exit load after 3years?

    Thanks
    Bensy

    • Tabrej says

      1. 4% allocation charges 1% Fund management charges, 0.35% guarantee charges, Rs. 60/mo policy administration charges for first year then Rs.25/mo
      2. Its better than Mutual Funds as you will get highest NAV here.
      3. Financial Experts
      4. There is no Exit load or surrender charges as per IRDA rules.

  290. G BALAJI says

    what would be the return after 7 year term
    1) for a single premium of Rs.60000/-
    2) for a 3 year premium of Rs.20000/- every year

  291. kondreddi Balaji says

    1.what are the conditions to policy holder above the age group 60?
    2. If the unit rate is 10/rupees(nav)how many units will be alloted for rs 50000/ single premium?

  292. vinod says

    If i invest 2000/- per month for 3 years,
    1. Can i surrender 37th month?
    2. If i surrender what NAV i can expect (present or highest of 3yrs)
    3. If i withdraw partially how much max% i can? to continue life risk

    • Tabrej says

      1. Yes, you can surrender Wealth Plus policy after 3 years.
      2. If you surrender than NAV on surrender date will be considered. There is no surrender charges.
      3. You need to maintain a minimum Rs.40,000 balance

  293. kondreddi Balaji says

    1.How many units to be alloted for 50000 single premium?
    2.what is the risk ammount for 50000/ single premium?
    3.what isthe minium period for surrenderd?

    • Tabrej says

      1. It will depend on the day you invest and NAV on that day.
      2. It would be 62500/- to 250000 depending on your age.
      3. You need wait for 3 years if you want to surrender Wealth plus plan. There is no surrender charges under LIC Wealth Plus.

  294. vivek says

    I want to invest money for my mom- she is 56yrs old.if i invest Rs.20.000.per year for 3 yrs. what ‘s benifits after 7yrs completed? or what;s benefits after the maturiy? or if i invest Rs.100000 for single premium. what;s the benefit’s after 7yrs for pension?

    • Tabrej says

      LIC wealth plus is ULIP plan with guaranteed highest NAV in 7 year or 8th year whichever is higher. The maturity amount depends on highest NAV in next 7 or 8 years.

    • Tabrej says

      LIC wealth Plus in not a pension plan. Its a ULIP (Share Market Related). Return depends on Stock market. You will get the highest NAV in 7 years or 8th year whichever is higher. You also get extended life cover. If you need money in future you can partially withdraw it or surrender whole policy.

      Wealth Plus is good plan for investment purpose.

  295. vinod says

    well if i invest rs. 20000/- p.a. for three years/
    what benefits i will get in return after maturity or after term of 7 years get completed. and also notify me exact or approx what amount i shuld get in future.

    • Tabrej says

      You may get 10lacs or you may also get 2lacs . Wealth Plus is a ULIP plan so return will depend on stock market performance. You will get guaranteed highest NAV.

  296. mohammed azim kham says

    pleace send the detailsabout(lic table no801)

    thank you
    mohammed azim khan
    (acc yanbu cement co)
    yanbu
    saudi arabia

  297. H.K.deo says

    KINDLY EXPLAIN in detail the policy administration charges in LIC wealth plus plan (801).Whether the charges remains the same irrespective of premium amount and the increase of 3% will be on what amount.Please clarify.

  298. Shrikant Patne says

    For Wealth Plus, policy admin chgs. 60/- per month 1st yr.
    25/- per month 2nd yr.
    25/-+3% per month 3rd yr. onwards.
    From 3rd year onwards, 3% of what? (fund value, SA)

    What is this guarantee chgs. 0.35% of NAV? and how it is calculated? When it will be deducted?

  299. Mihir Kanti Chakrabarty says

    please give me a approximate average return after matuarity of LIC Wealth Plus Single Premium Rs 40000/-

  300. sandeep narad says

    If i invest Rs.50000 in single premium option? How much of the amout LIC will deduct in the way of allocation charages etc.

  301. Sanjay Prabhakar Badve says

    Q. Out of the premium amount which we will pay periodically how much percent amount you deduct as your administrative charges?

    • Tabrej says

      Premium allocation charge:
      Single Premium: 5% for premium upto Rs.4 lacs & 4.5% for above 4 lacs.
      Regular premium: 12% up to 2 lacs on first year and thereafter 2.5% for remaining years of the policy term. For premium below 4 lacs the charge is 11.75%, and 11.5% for less than 7 lacs and above 7 lacs, the charge would be 11.25%.

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